EIN 55-0701159

Edgewood Summit

IRS 501(c) type
501(c)(3)
Num. employees
267
Year formed
1990
Most recent tax filings
2023-06-01
Description
Edgewood Summit is a full-service continuing care retirement community. Their mission is to provide an attractive, caring, comfortable and affordable senior living community for older adults in Charleston, West Virginia, and the Kanawha Valley region.
Total revenues
$13,146,344
2023
Total expenses
$13,927,059
2023
Total assets
$39,518,993
2023
Num. employees
267
2023

Program areas at Edgewood Summit

The organization provided, on a non-profit basis, housing, dining, housekeeping, laundry, transportation, activities, nursing and assisted living care, memory support care, and skilled nursing care through the operation of a ccrc - continuum care retirement community - that served 228 residents in 127 independent and 40 assisted living, 18 memory support and 20 skilled nursing units.
1. Edgewood Summit, Inc. has been open for 28 years. Apartments are upgraded when turnover occurs; this includes fresh paint, new carpet. An enhanced upgrade to each unit includes - new kitchen and bath cabinets with solid surface countertops, new lighting, new kitchen appliances including washer and dryer. All items with a useful life remaining are donated to habitat for humanity restore. These items include: ranges, refrigerators, dishwashers, washer/dryer combos and kitchen and bath cabinets, and light fixtures. Edgewood Summit turned over approximately 56 units this past fiscal year and 22 units were touched up.total expenses incurred: $31,607 (see continuation on schedule o)2. Annually Edgewood Summit, Inc. Participated in the following charitable activities: > manna meal food drive - january - february 2023 > union mission food drive - november - december 2022 > s. charleston book donations - on-going throught the year > city of charleston - 20,000 easter eggs - march 2023 > city of s. charleston - 5,000 easter eggs - march 2023 > alzheimers assoc. Fundraising - october 2022 > heart assoc. Fundraining - february 2023 3. Edgewood Summit, Inc. was a sponsor for west Virginia alzheimer's memory walk, thomas health foundation golf classic sponsorship, west Virginia symphony orchestra, and the charleston ballet.total expense incurred: $7,125.004. Throughout the fiscal year Edgewood Summit, Inc. made memorial contributions to charitable organizations in memory of former residents, resident's family members and employee family members.total expense incurred: $120.005. In the fall of 2013 Edgewood Summit, Inc. Opened the arthur b. hodges center with 20 skilled nursing and 18 memory support units to complete the full continuum of care on our campus. Along with this addition all new residents moving into independent living with get a 20% discount from full contractual rates as they move through the continuum. For the then current independent living residents a plan was offered where the current resident could pay a one-time non-refundable deposit of $15,000 and they would also receive the health care benefit as they moved through the continuum. During the fiscal year ending june 30, 2023 Edgewood Summit had a total of 37 residents with the health care benefit residing in higher levels of care that were utilizing the 20% discount - al 16, ms 3, and sn 18.total expense incurred: $413,903.83.6. Dining services contributed 75 thanksgiving turkeys to various nonprofit and volunteer organizations in the charleston community.total expense incurred: $1,125.00annual total expense for community services $453,880

Personnel at Edgewood Summit

NameTitleCompensation
Diane GouhinExecutive Director$0
Cherie LittonDirector of Marketing / Marketing Director$127,589
Reed SpanglerPresident$0
John DeritoTreasurer / Director$0
Kathleen MerrillSecretary / Director$0
...and 5 more key personnel

Financials for Edgewood Summit

RevenuesFYE 06/2023
Total grants, contributions, etc.$6,000
Program services$12,213,902
Investment income and dividends$410,705
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$17,410
Net gain from sale of non-inventory assets$488,713
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$9,614
Total revenues$13,146,344

Form 990s for Edgewood Summit

Fiscal year endingDate received by IRSFormPDF link
2023-062024-05-15990View PDF
2022-062023-05-12990View PDF
2021-062022-02-02990View PDF
2020-062021-04-06990View PDF
2019-062020-06-26990View PDF
...and 9 more Form 990s

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Hunt CommunityNashua, NH$12,127,883
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Heritage PointeMission Viejo, CA$11,815,619
Data update history
August 13, 2024
Posted financials
Added Form 990 for fiscal year 2023
August 7, 2024
Updated personnel
Identified 1 new personnel
July 14, 2024
Used new vendors
Identified 2 new vendors, including , and
April 11, 2024
Used new vendors
Identified 1 new vendor, including
July 19, 2023
Posted financials
Added Form 990 for fiscal year 2022
Nonprofit Types
Nursing homesHuman service organizationsRetirement homesCharities
Issues
Human services
Characteristics
State / local levelEndowed supportCommunity engagement / volunteeringTax deductible donationsAccepts online donations
General information
Address
300 Baker LN
Charleston, WV 25302
Metro area
Charleston, WV
County
Kanawha County, WV
Website URL
edgewoodsummit.com/ 
Phone
(304) 346-2323
Facebook page
edgewoodsummit 
IRS details
EIN
55-0701159
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1990
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
P75: Senior Continuing Care Communities
NAICS code, primary
62331: Assisted Living and Continuing Care Retirement Communities
Parent/child status
Independent
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